Economics Introduction

Front

The study of how people make choices to satisfy their wants and needs.

Back

Economics

Front

Economics is

Back

A social science

Front

Social Sciences study the behavior of

Back

Humans

Front

To use a product or service is

Back

consumption

Front

The sky is

Back

Blue

Front

To create a product for use makes one a

Back

producer

Front

A consumer is someone who

Back

buys or uses a good or service

Front

An item that satisfy human wants or needs (for example, something PHYSICAL you buy in a store) is a

Back

good

Front

A transaction in which no physical goods are transferred from the seller to the buyer (like transportation, hospital care, or a haircut) is a

Back

Service

Front

Charlie Brown's dog is named

Back

Snoopy